India's Krsnaa Diagnostics down after Q2 profit fall

Krsnaa Diagnostics

06/11/2023 06:40

** Shares of diagnostics services provider Krsnaa Diagnostics
 KRSN.NS  fall as much as 7.7% to 663.25 rupees
    ** Stock sees biggest intraday pct loss since Sept. 12
    ** Co reported a near 32% fall in consolidated net profit of
105 mln rupees ($1.26 million)
    ** Total expenses rose nearly 37%, hit by input costs which
rose more than two-fold 
    ** More than 168,000 shares traded by 12:05 p.m. IST, vs
1.6x 30-day avg
    ** Stock currently down 3.8%, trimming YTD gains to 50% 



($1 = 83.2110 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))